CST BRANDS, INC. 4

Accession 0001571115-16-000018

CIK 0001562039operating

View on SEC.gov Company Profile

Filed

Dec 28, 7:00 PM ET

Accepted

Dec 29, 4:11 PM ET

Size

31.6 KB

Accession

0001571115-16-000018

Insider Transaction Report

Form 4

Period: 2016-12-27

CST BRANDS, INC.CST

Sonnier Gerard J

SVP, GC and Secretary

Transactions

Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27+3,436→ 18,011 total
Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27$48.17/sh+125$6,022→ 23,932 total
Sale
Common Stock, Par Value $0.01
2016-12-28$48.20/sh−2,986$143,925→ 20,311 total
Exercise/Conversion
Restricted Stock Units
2016-12-27−602→ 0 total
From: 2015-11-14→ Common Stock (602 underlying)
Exercise/Conversion
Restricted Stock Units
2016-12-27−5,796→ 0 total
From: 2016-03-08→ Common Stock (5,796 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2016-12-27−14,596→ 0 total
Exercise: $41.41From: 2016-03-12Exp: 2025-03-12→ Common Stock (14,596 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2016-12-27−1,571→ 0 total
Exercise: $41.54From: 2015-11-14Exp: 2024-11-14→ Common Stock (1,571 underlying)
Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27+602→ 14,575 total
Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27+5,796→ 23,807 total
Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27$48.17/sh+1,189$57,280→ 25,121 total
Exercise/Conversion
Common Stock, Par Value $0.01
2016-12-27$48.17/sh+2,303$110,947→ 27,424 total
Tax Payment
Common Stock, Par Value $0.01
2016-12-27$48.17/sh−4,127$198,818→ 23,297 total
Sale
Common Stock, Par Value $0.01
2016-12-29$48.32/sh−3,617$174,773→ 16,694 total
Exercise/Conversion
Restricted Stock Units
2016-12-27−3,436→ 0 total
From: 2016-03-12→ Common Stock (3,436 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2016-12-27−20,307→ 0 total
Exercise: $38.76From: 2017-03-08Exp: 2026-03-08→ Common Stock (20,307 underlying)

Footnotes (12)

[F1]Shares of common stock, par value $0.01 ("Common Stock") of CST Brands, Inc. (the "Issuer") acquired upon vesting of restricted stock units.
[F10]On March 12, 2015, the reporting person was granted stock options that vest in three equal annual installments beginning on the first anniversary of the grant date. The last two tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
[F11]On March 8, 2016, the reporting person was granted stock options that vest in three equal annual installments beginning on the first anniversary of the grant date. However, the three tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
[F12]On November 14, 2014, the reporting person was granted stock options that vest in three equal annual installments beginning on the first anniversary of the grant date. However, the last tranche was vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
[F2]Net shares of Common Stock received after the exercise and swap of 1,571 stock options of the Issuer (including shares swapped to cover option costs and tax withholding).
[F3]Net shares of Common Stock received after the exercise and swap of 14,596 stock options of the Issuer (including shares swapped to cover option costs and tax withholding).
[F4]Net shares of Common Stock received after the exercise and swap of 20,307 stock options of the Issuer (including shares swapped to cover option costs and tax withholding).
[F5]These shares were sold in multiple transactions on December 28, 2016 at the same price of $48.20.
[F6]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
[F7]On November 14, 2014, the reporting person was granted 1,806 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. The last tranche was vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
[F8]On March 12, 2015, the reporting person was granted 5,154 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. The last two tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.
[F9]On March 8, 2016, the reporting person was granted 5,796 restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. However, the three tranches were vested on 12/27/2016 with the authorization of the Compensation Committee of the Board of Directors of the Issuer.

Documents

1 file

4
wf-form4_148304587836613.xmlPrimary
FORM 4

Issuer

CST BRANDS, INC.

CIK 0001562039

→

Entity typeoperating

Related Parties

filerCIK 0001562039

Filing Metadata

Form type: 4
Filed: Dec 28, 7:00 PM ET
Accepted: Dec 29, 4:11 PM ET
Size: 31.6 KB

View on SEC.gov